Browsing: Mark Blair

Higher phone and accessory sales have led to increased margins, according to the JSE-listed retailer.

The South African Revenue Service ended the practice known as de minimis, a move that is benefiting local retailers.

Implementation of a new software system from Oracle has negatively impacted Mr Price Group’s full-year results.

Mr Price Group reported a 64.1% increase in full-year online sales, with the same figure from its core apparel and sports brands more than doubling in the same period.

Mr Price said on Monday that it has reached an agreement to buy 100% of Yuppiechef, an “omnichannel” retail business focused on kitchenware, for about R470-million in cash.